Principal Derivatives Operations Specialist

Location: Sydney, Australia; hybrid working model

Company

SimCorp is an independent subsidiary of hirify.global Group providing integrated, front-to-back investment management solutions.

What you will do

• Process and manage the lifecycle of OTC and listed derivatives across multiple asset classes, including trade capture, confirmation, settlement, margining, and collateral management.
• Resolve trade breaks, reconciliations, discrepancies, and operational exceptions with internal and external stakeholders.
• Monitor daily workflows, deadlines, operational risk controls, and key risk indicators.
• Identify process improvements, reduce manual intervention, and support automation and system enhancement initiatives.
• Collaborate with front office, risk, compliance, clearing brokers, custodians, and other service providers.
• Support audits, regulatory reviews, stress testing, documentation, knowledge sharing, and team development.

Requirements

• More than 10 years of experience in derivatives operations within asset management, hedge funds, investment banking, or a similar environment.
• Extensive knowledge of swaps, options, futures, and forwards across equities, fixed income, commodities, and foreign exchange.
• Experience with trade lifecycle processes, including trade capture, margining, collateral management, and settlement.
• Proficiency with platforms such as Calypso, Murex, or MarkitWire, and familiarity with Excel VBA, Python, or RPA solutions.
• Understanding of EMIR, Dodd-Frank, MiFID II, operational risk controls, and regulatory requirements.
• Bachelor’s degree in Finance, Business, or a related field, with strong problem-solving, communication, prioritization, and deadline-management skills.

Culture & Benefits

• Hybrid work model with flexible working hours.
• Attractive salary, bonus scheme, and pension.
• Individual professional development opportunities.
• Collaborative and inclusive workplace with knowledge sharing and training initiatives.

Hiring process

• Applications are reviewed on a continuous basis.
• Applications must be submitted through the company’s career system in English.
• The approximate CV review period is three weeks.